Minor Hotels has partnered with digital payments company Checkout.com as it consolidates payment operations across its international business.
The hospitality group operates more than 640 hotels in 67 countries. Its portfolio also includes resorts, food and beverage businesses, and luxury transport services.
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In a company statement, Checkout.com said that Minor Hotels is bringing its payment infrastructure together as it expands into further markets.
Under the agreement, the digital payments company will provide global acquiring and payment optimisation for Minor Hotels’ properties in multiple markets.
Checkout.com said its domestic acquiring capabilities can increase payment authorisation rates and reduce processing costs by routing transactions locally.
The partnership will also include Checkout.com’s Intelligent Acceptance and Dynamic 3DS Authentication tools.
Intelligent Acceptance is an AI-based transaction optimisation system that uses data from Checkout.com’s global network.
According to the company, the tool is designed to improve first-attempt approval rates and reduce unsuccessful payments in cross-border and multi-currency transactions.
Dynamic 3DS Authentication applies security checks based on issuer preferences and local regulatory requirements. This is intended to limit unnecessary payment friction for guests.
Last month, Minor Hotels deployed Oracle OPERA Cloud across its 106 hotels, resorts and branded residences located across 59 countries.
The group has also implemented Oracle OPERA Cloud Central to strengthen its central reservations and distribution functions.
